Professional Edition

I’ll be taking a short break from publication this weekend. There were be no Professional Edition posts Friday to Monday. Free content posts will be posted Friday morning, Saturday and/or early Sunday and Monday. I’ll be back at my desk on Tuesday morning when a regular publication schedule will resume.

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Tag Archive for Game

Thursday, micro-blogging site Twitter (NYSE: TWTR) will debut as a publicly traded company on Wall Street’s Big Board. Many analysts – including those at Money Morning – will steer clear of the hotly anticipated IPO – but TWTR has had no trouble generating investor interest.

The San Francisco-based company even increased its price range Monday on roughly 70 million shares from $17 to $20 per share to $23 to $25. The move values the company at a whopping $13.9 billion, or 26 times its revenue over the last 12 months. Twitter hopes to raise as much as $1.75 billion.

For small folks, IPOs like Facebook's are fool's gameArizona Daily Star2012-06-05T00:00:00Z For small folks, IPOs like Facebook's are fool's gameWilliam D. Cohan Bloomberg News Arizona Daily Star You know that the hand-wringing over the…

The Fiscal TimesJPMorgan's Loss: What Banks Still Haven't LearnedThe Fiscal TimesAren't losses part of the game? Why does one loss matter if it is more than offset by other trades' gains? The problem, says Scott E. Harrington, professor…

…the Facebook I.P.O. was, indeed, a disaster. For starters, there was only the tiniest initial bump, so the Wall Street speculators did not make their usual killing. What’s more, because the company decided, late in the game, to issue 25 percent more shares — and because Morgan Stanley aggressively priced the stock, at $38 a…

Knowledge@WhartonJPMorgan's Big Loss: Why Banks Still Haven't Learned Their LessonKnowledge@WhartonAren't losses part of the game? Why does one loss matter if it is more than offset by other trades' gains? The problem, says Scott E. Har…

The market update will be posted Thursday morning at approximately 8:45 AM. Meanwhile check out The Conomy Game- The Legend of Bennie The Beard, Henry the Hitman, and the Gangbankster Dealers. Thanks for your support! See you tomorrow!

Let’s play “guess the nonfarm payrolls.” After all, our guess is as good as the conomists’, whose forecasts nicely fit a random distribution of hits and misses month in and month out. My guess? The headline non farm payrolls number would be reported as a drop of 337,000 tomorrow if you believe the withholding tax…

Cycle projections rose on Thursday and are now pointing toward the upper 1400 range. In the latter stages of a move projections tend to be less reliable than the earlier ones, which recently had mostly been in the 1420-1460 range. There are resistance levels below that. Here are the ones to look out for.

Housing data in the past couple of months has been mixed. Lagging closed sales data shows prices declining. The problem with that is that the most current data represents sales closed in November, which for the most part were sales that went under contract in September. That tells us nothing about the current market. Real…